Atlas Air Worldwide Holdings (NASDAQ:AAWW) CEO William J. Flynn sold 5,000 shares of the business’s stock in a transaction dated Monday, October 16th. The shares were sold at an average price of $64.50, for a total value of $322,500.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Atlas Air Worldwide Holdings (NASDAQ:AAWW) opened at 61.95 on Wednesday. Atlas Air Worldwide Holdings has a 52 week low of $40.25 and a 52 week high of $68.70. The company has a market capitalization of $1.57 billion, a P/E ratio of 26.47 and a beta of 1.40. The company’s 50 day moving average price is $66.31 and its 200-day moving average price is $58.20.

Atlas Air Worldwide Holdings (NASDAQ:AAWW) last posted its earnings results on Wednesday, August 2nd. The transportation company reported $1.09 EPS for the quarter, topping the consensus estimate of $0.85 by $0.24. The firm had revenue of $517.37 million for the quarter, compared to analyst estimates of $500.44 million. Atlas Air Worldwide Holdings had a return on equity of 8.11% and a net margin of 2.98%. Atlas Air Worldwide Holdings’s revenue for the quarter was up 16.7% compared to the same quarter last year. During the same period last year, the company earned $0.80 earnings per share. Equities research analysts expect that Atlas Air Worldwide Holdings will post $4.83 earnings per share for the current year.

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A number of institutional investors have recently bought and sold shares of AAWW. State Board of Administration of Florida Retirement System grew its holdings in Atlas Air Worldwide Holdings by 13.5% in the first quarter. State Board of Administration of Florida Retirement System now owns 13,044 shares of the transportation company’s stock valued at $723,000 after purchasing an additional 1,554 shares during the period. Ameritas Investment Partners Inc. acquired a new stake in Atlas Air Worldwide Holdings in the first quarter valued at approximately $107,000. Mason Street Advisors LLC grew its holdings in Atlas Air Worldwide Holdings by 7.5% in the first quarter. Mason Street Advisors LLC now owns 5,876 shares of the transportation company’s stock valued at $326,000 after purchasing an additional 411 shares during the period. Arizona State Retirement System grew its holdings in Atlas Air Worldwide Holdings by 1.5% in the first quarter. Arizona State Retirement System now owns 13,123 shares of the transportation company’s stock valued at $728,000 after purchasing an additional 200 shares during the period. Finally, Municipal Employees Retirement System of Michigan grew its holdings in Atlas Air Worldwide Holdings by 1.2% in the first quarter. Municipal Employees Retirement System of Michigan now owns 5,710 shares of the transportation company’s stock valued at $317,000 after purchasing an additional 70 shares during the period. 96.41% of the stock is currently owned by hedge funds and other institutional investors.

A number of research firms have issued reports on AAWW. Cowen and Company restated a “hold” rating and set a $70.00 price target on shares of Atlas Air Worldwide Holdings in a research note on Tuesday, September 5th. ValuEngine upgraded Atlas Air Worldwide Holdings from a “buy” rating to a “strong-buy” rating in a research note on Friday, September 1st. Stifel Nicolaus restated a “hold” rating and set a $69.00 price target on shares of Atlas Air Worldwide Holdings in a research note on Tuesday, September 12th. Zacks Investment Research upgraded Atlas Air Worldwide Holdings from a “hold” rating to a “buy” rating and set a $74.00 price target for the company in a research note on Monday, August 7th. Finally, Susquehanna Bancshares Inc began coverage on Atlas Air Worldwide Holdings in a research note on Thursday, August 17th. They set a “positive” rating and a $72.00 price target for the company. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $70.00.

Atlas Air Worldwide Holdings Company Profile

Atlas Air Worldwide Holdings, Inc is a holding company. The Company provides outsourced aircraft and aviation operating services throughout the world, serving Africa, Asia, Australia, Europe, the Middle East, North America and South America through contractual service arrangements, including those through which it provides aircraft to customers and value-added services, including crew, maintenance and insurance (ACMI), as well as those through which it provides crew, maintenance and insurance, but not the aircraft (CMI); cargo and passenger charter services (Charter), and dry leasing aircraft and engines (Dry Leasing).

Insider Buying and Selling by Quarter for Atlas Air Worldwide Holdings (NASDAQ:AAWW)

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